INDEX OF INDUSTRIAL PRODUCTION CLIMBS 9.63%
Vietnam’s Index of Industrial Production rose 9.63 percent year-on-year in the first nine months of 2022, according to the General Statistics Office of Vietnam. Vietnam’s Index of Industrial Production rose 9.63 percent year-on-year in the first nine months of 2022, according to the General Statistics Office of Vietnam.
DONG NAI ENTERPRISES SEEK NEW MARKETS AMID UNCERTAIN GLOBAL ECONOMY
Although the world economy has not fully recovered from the negative impact of the COVID-19 pandemic and the ongoing conflict between Russia and Ukraine, export turnover of southern Đồng Nai Province hit US$19.3 billion during the first nine months of this year, surging 20.17 per cent over the same period last year, according to data of the General Statistics Office.
VIETNAM TO EXPERIENCE IMPORT, EXPORT DIFFICULTIES BY END OF YEAR: MOIT
Việt Nam's import and export activities will face many difficulties and challenges in the last months of this year and into the next, according to Nguyễn Cẩm Trang, deputy director of the Import-Export Department, the Ministry of Industry and Trade (MoIT).
MARKET TOOLS HELP BUSINESSES EXPORT: EXPERTS
Speaking at a conference last week on helping businesses expand export markets, Huynh Minh Vu, deputy director of the HCM City Centre of International Integration Support (CIIS), said Vietnam’s integration and free trade agreements were providing enormous export opportunities.
FDI DISBURSEMENTS AT FIVE-YEAR HIGH
Capital disbursements of foreign direct investment (FDI) projects reached US$15.4 billion between January and September, its highest nine-month figure in five years.
VIET NAM SHINES AMID GLOBAL ECONOMIC VOLATILITIES
Despite global volatilities, Việt Nam’s economy has rebounded strongly this year beyond the forecasts of many international organisations, making the country one of the rare bright spots in the global gloomy picture and has the potential to become a new ‘tiger’ in Asia.
NORTHERN PROVINCES MAKE EFFORTS TO LURE KOREAN INVESTORS
In order to strengthen connectivity, promote friendly cooperation activities, and attract investment between Hà Nam and Korean localities and businesses, last month the province coordinated with the Vietnamese Embassy in South Korea and Korea Chamber of Commerce and Industry (KCCI) to organise an investment promotion conference on boosting trade promotion. The event drew about 100 firms from the RoK.
BRIGHT PROSPECTS EXPECTED FOR VIETNAM-US TRADE TIES: OFFICIAL
Hung noted that amid COVID-19 impacts and the interruption of global supply chains, trade between Vietnam and the US has still grown. In the first nine months of this year, two-way trade rose 20 percent year on year to 96.2 billion USD, including 85.1 billion USD worth of Vietnam’s exports, accounting for 30 percent of the Southeast Asian country's total export revenue in the period.
